CIS DRS

DEBT COLLECTION IN WALES

B2B Debt recovery & Debt collection in WALES
We recover your bad debts for the success fee.
Due to geographical location and the presence of many seaports Wales is an important element in the British economy. A large number of commercial transactions also implies a lot of disputes or bad debts that arise from time to time.

At the same time, the legal system in Wales is quite complex and creditors may find it difficult to protect their mercantile interests, facing dishonest debtors. CIS DRS has extensive experience in this region. Our goal is to help our clients avoid difficulties worldwide, as well as quickly return the deserved money to their bank account.

What collection services are available at CIS DRS?

We provide a full range of debt collection services throughout the territory of Wales. First of all, the following options are available: pre-trial negotiations, mediation and soft collection. If necessary, our lawyers are ready to protect the client's interests in court or arbitration. Being a part of the United Kingdom Wales provides a possibility to recognize and enforce foreign arbitral awards through simplified procedure.

We are also ready to provide a range of debt portfolio management services for our clients. There is no longer any need to involve lawyers for each individual case. Clients who entrust credit risk management to us can fully focus on business development without wasting time talking with debtors.

You do not pay for services that do not work. All debt recovery work is paid on a "no win - no fee" basis. We do not charge our clients for hours of work, only if a payment from a debtor is settled to their account. Thus, we work quickly and efficiently as it is simply unprofitable for us to waste time.

Why choosing CIS DRS as your collection partner in Wales?

Above all, the agency is based in the largest cities of Wales: Cardiff, Swansea and Newport. According to economic studies and our practice, more than 70% of all trade transactions in the country fall on these cities. Thus, our lawyers can quickly and efficiently conduct live negotiations. Even if a debtor lives in another city, the road will take no more than 2 hours.

Secondly, our lawyers have vast experience in B2B debt recovery in this country. Our qualifications cover both major disputes related to maritime transport and the collection of small fines for speeding. Our lawyers have access to all necessary registers and databases. We can easily check any company in Wales and give an opinion on its solvency.

We always strive to recover the amount of debt without violating the rights of debtors. Thus, our services are chosen by creditors who intend to maintain fair relationships with the debtor after the repayment.

Please fill in the form below to leave your request.
AT A GLANCE
Serving Clients in WALES for more than two decades
Debt Collection
  • analysis of trade documents in default
  • credit check of the debtor's company
  • strategy for peaceful settlement
  • drafting official demand letters
  • phone negotiations with debtor
  • personal negotiations with debtor
  • drafting restructuring plan
  • control of installment payment
Debt Management
  • portfolio analysis
  • control of payment terms
  • timely reminders
  • soft communication with clients
  • advisory regarding billing cycles
  • reminders via emails
  • receivables control
Litigation
  • legal review of trade documents
  • translation of the documents
  • drafting a Power of Attorney
  • making a strategy of litigation
  • drafting and filing law-suit
  • application for assets seizure
  • participation in court hearings
  • obtaining judgment for client
Arbitration
  • legal review of arbitration clause
  • translation of necessary documents
  • drafting a Power of Attorney
  • making a strategy for arbitration
  • drafting and filing law-suit with IAC
  • application for assets seizure
  • participation in arbitration hearings
  • obtaining arbitral award for client
Enforcement
  • analysis of judgment or arbitral award
  • making a strategy of enforcement
  • drafting application for enforcement to local court
  • participation in court's hearings
  • obtaining writ of enforcement
  • filing the writ to Bailiff's Service
  • control of execution work
Bankruptcy
  • filing creditors claims
  • representing clients in creditors committee meetings
  • bankruptcy process monitoring
  • liquidators communication
  • regular reporting to client
  • assets recovery
DEBT RECOVERY IN WALES
No Recovery-No Fee.
CLAIM PROCESSING
  • Verifying Debtor's Address
  • Checking Debtors' Status in Database
  • Brief Report to Client
  • Case Strategy Design
  • Confirmation Receipt
  • Claims Automation System
  • Case Processing Starts Immediately
NEW CLAIM
Our lawyers do their best to collect your credits
COLLECTION EFFORTS
1
2
3
3.1
  1. Get Proposal
  2. Forward for Client's Approval
  3. Collect Payment to Client
  4. CLOSE the File
Whether Debtor Responds Positively (if yes)
3.2
  1. Send In-house Demand Notice
  2. Whether Disputes (if yes)
  3. Get Proposal from Debtor
  4. Forward for Client's Approval
  5. Collect Payment to Client (if approved)
  6. Suggest Court Case If Worth (if no)
  7. CLOSE
Whether Responds Negatively (if no)
3.3
  1. Convince for Amicable Settlement
  2. Get Proposal
  3. Forward for Client's Approval
  4. Collect Payment to Client (if approved)
  5. CLOSE
Whether Disputes (if no)
4
You always receive reports regarding our efforts in time

  1. Current Status of Each Case
  2. Collection Efforts Our Lawyers Have Already Done
  3. What Should Be Done Further
  4. Expected Outcome Or Suggestion
REPORTING
NEED TO COLLECT YOUR DEBT?
WE CAN HELP YOU!

Just fill in the form and we will revert to you ASAP
FOR DEBT COLLECTION IN EUROPE:

TEL: +44-203-582-1943
EMAIL: europe@cisdrs.com

1 ROPEMAKER STR, LONDON,
EC2Y 9HT, UNITED KINGDOM

We work Monday to Friday, 9 AM - 6 PM (GMT)
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